Key findings: P2041 - Mining: Production and sales, October 2021

Production: results for October 2021

 

Mining production increased by 2,1% year-on-year in October 2021. The largest positive contributors were:

·        PGMs (24,0% and contributing 5,5 percentage points);

·        chromium ore (28,7% and contributing 0,9 of a percentage point); and

·        iron ore (11,5% and contributing 0,8 of a percentage point).

 

Coal (-9,9% and contributing -2,8 percentage points) was a significant negative contributor.

 

Seasonally adjusted mining production increased by 3,4% in October 2021 compared with September 2021. This followed month-on-month changes of -4,4% in September 2021 and 0,8% in August 2021.

 

Seasonally adjusted mining production increased by 0,1% in the three months ended October 2021 compared with the previous three months. The largest positive contributors were:

·        diamonds (21,8% and contributing 0,8 of a percentage point);

·        iron ore (4,0% and contributing 0,4 of a percentage point); and

·        PGMs (1,5% and contributing 0,3 of a percentage point).

 

Mineral sales: results for October 2021

 

Mineral sales at current prices increased by 4,8% year-on-year in October 2021. The largest positive contributors were:

·        coal (58,5% and contributing 9,7 percentage points); and

·        iron ore (28,4% and contributing 2,6 percentage points).

 

Gold (-37,9% and contributing -7,2 percentage points) was a significant negative contributor.

 

Seasonally adjusted mineral sales at current prices increased by 12,2% in October 2021 compared with September 2021. This followed month-on-month changes of -24,2% in September 2021 and 1,1% in August 2021.

 

In the three months ended October 2021 the seasonally adjusted value of mineral sales at current prices was 12,1% lower compared with the previous three months.